Remitly (RELY) CBO Pankaj Sharma logs RSU vesting and tax share dispositions

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Remitly Global Chief Business Officer Pankaj Sharma reported equity compensation activity involving restricted stock units (RSUs) and common stock. On February 25, 2026, multiple RSU awards vested and were settled into shares of common stock at a conversion price of $0.00 per share.

The filing shows several exercises or conversions of RSUs into common stock, alongside tax-withholding dispositions coded "F" totaling multiple blocks of shares at $16.19 per share to satisfy tax obligations rather than open-market sales. Footnotes state each RSU represents one share upon settlement.

According to the footnotes, the reported holdings include 428,580 unvested RSUs previously shown in derivative holdings and 237,298 shares of common stock. Additional footnotes describe vesting schedules, including portions vesting in quarters starting on May 25, 2025, contingent on continued service.

Insider Trade Summary

35,714 shares exercised/converted

Mixed 9 txns

Insider Sharma Pankaj

Role Chief Business Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units (RSUs)	31,248	$0.00	--
Exercise	Restricted Stock Units (RSUs)	1,543	$0.00	--
Exercise	Restricted Stock Units (RSUs)	2,923	$0.00	--
Exercise	Common Stock	31,248	$0.00	--
Tax Withholding	Common Stock	12,461	$16.19	$202K
Exercise	Common Stock	1,543	$0.00	--
Tax Withholding	Common Stock	617	$16.19	$10K
Exercise	Common Stock	2,923	$0.00	--
Tax Withholding	Common Stock	1,168	$16.19	$19K

Holdings After Transaction: Restricted Stock Units (RSUs) — 0 shares (Direct); Common Stock — 247,078 shares (Direct)

Footnotes (1)

Reflects the vesting of RSUs. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. The reporting person has reported prior awards of RSUs in Table II. The total reported in Table I, Column 5, includes 428,580 unvested RSUs previously reported in Table II and 237,298 shares of common stock. The RSUs vested as to 1/4 of the total shares underlying the RSUs on May 25, 2025, and then 1/4 of the total shares vest quarterly thereafter, subject to the reporting person's provision of service to the Issuer on each vesting date. The RSUs vested as to 1/4 of the total shares underlying the RSUs on May 25, 2025, and then 1/4 of the total shares vest quarterly thereafter, subject to the reporting person's provision of service to the Issuer on each vesting date. The RSUs vested as to 1/12 of the total shares underlying the RSUs on May 25, 2025, and then 1/12 of the total shares vest quarterly thereafter, subject to the reporting person's provision of service to the Issuer on each vesting date. The total reported in Table I, Column 5, includes 23,384 unvested RSUs remaining under this RSU award previously reported in Table II.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/27/2026 - 04:39 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sharma Pankaj

(Last)

(First)

(Middle)

C/O REMITLY GLOBAL, INC.

401 UNION STREET, SUITE 1000

(Street)

SEATTLE

98101

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Remitly Global, Inc. [ RELY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Business Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/25/2026		M		31,248⁽¹⁾	A	⁽²⁾	247,078	D
Common Stock	02/25/2026		F		12,461	D	$16.19	234,617	D
Common Stock	02/25/2026		M		1,543⁽¹⁾	A	⁽²⁾	236,160	D
Common Stock	02/25/2026		F		617	D	$16.19	235,543	D
Common Stock	02/25/2026		M		2,923⁽¹⁾	A	⁽²⁾	238,466	D
Common Stock	02/25/2026		F		1,168	D	$16.19	665,878⁽³⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units (RSUs)	⁽²⁾	02/25/2026		M			31,248	⁽⁴⁾	⁽⁴⁾	Common Stock	31,248	$0	0	D
Restricted Stock Units (RSUs)	⁽²⁾	02/25/2026		M			1,543	⁽⁵⁾	⁽⁵⁾	Common Stock	1,543	$0	0	D
Restricted Stock Units (RSUs)	⁽²⁾	02/25/2026		M			2,923	⁽⁶⁾	⁽⁶⁾	Common Stock	2,923	$0	0⁽⁷⁾	D

Explanation of Responses:

1. Reflects the vesting of RSUs.

2. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.

3. The reporting person has reported prior awards of RSUs in Table II. The total reported in Table I, Column 5, includes 428,580 unvested RSUs previously reported in Table II and 237,298 shares of common stock.

4. The RSUs vested as to 1/4 of the total shares underlying the RSUs on May 25, 2025, and then 1/4 of the total shares vest quarterly thereafter, subject to the reporting person's provision of service to the Issuer on each vesting date.

5. The RSUs vested as to 1/4 of the total shares underlying the RSUs on May 25, 2025, and then 1/4 of the total shares vest quarterly thereafter, subject to the reporting person's provision of service to the Issuer on each vesting date.

6. The RSUs vested as to 1/12 of the total shares underlying the RSUs on May 25, 2025, and then 1/12 of the total shares vest quarterly thereafter, subject to the reporting person's provision of service to the Issuer on each vesting date.

7. The total reported in Table I, Column 5, includes 23,384 unvested RSUs remaining under this RSU award previously reported in Table II.

Remarks:

	/s/ Jeff Mason as attorney-in-fact	02/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Remitly (RELY) report for Pankaj Sharma?

The filing reports RSU vesting, conversion into common stock, and related tax-withholding dispositions on February 25, 2026. These movements reflect equity compensation settling rather than open-market buying or selling by Remitly Global’s Chief Business Officer, Pankaj Sharma.

How were Remitly (RELY) RSUs converted for Pankaj Sharma in this Form 4?

Restricted stock units converted to common stock at a stated price of $0.00 per share, reflecting equity awards settling into stock. Each RSU equals one share of Remitly common stock upon settlement, according to the accompanying footnotes in the filing.

What is the nature of the tax-withholding dispositions in the Remitly (RELY) Form 4?

Transactions coded "F" show shares of common stock used to satisfy tax liabilities at $16.19 per share. These are tax-withholding dispositions tied to equity vesting, not discretionary open-market sales by the executive, based on the transaction code descriptions.

How many unvested RSUs does Pankaj Sharma hold at Remitly (RELY)?

A footnote states the reported total includes 428,580 unvested RSUs and 237,298 shares of common stock. These unvested RSUs remain subject to vesting schedules and continued service conditions described in the filing’s footnotes.

What vesting schedule applies to the Remitly (RELY) RSUs in this filing?

Footnotes explain that some RSUs vest 1/4 on May 25, 2025 and 1/4 quarterly thereafter, while another award vests 1/12 on May 25, 2025 and 1/12 quarterly thereafter, all contingent on Pankaj Sharma’s continued service.

Does the Remitly (RELY) Form 4 indicate any open-market stock purchases or sales?

The transactions are coded as RSU exercises/conversions and tax-withholding dispositions, not open-market purchases or sales. Shares delivered to cover tax liabilities are recorded at $16.19 per share under transaction code "F" in the non-derivative table.